Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, the holders of shares of Class A Common Stock and the holders of shares of Class B Common Stock shall be entitled to receive the assets and funds of the Corporation available for distribution after payments to creditors and to the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively, without regard to class.
Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, the holders of shares of Common Stock shall be entitled to receive the assets and funds of the Corporation available for distribution after payments to creditors and to the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively.
Liquidation, Dissolution, etc. If the Company shall, other than as provided in Section 2(b) above, dissolve, liquidate or wind up its affairs, the Registered Holder shall thereafter have the right to receive upon proper exercise of this Warrant, in lieu of the shares of Common Stock that the Registered Holder otherwise would have been entitled to receive, the same kind and amount of securities or assets as would have been issued, distributed or paid to the Registered Holder upon any such dissolution, liquidation or winding up with respect to such shares of Common Stock of the Company had the Registered Holder been the Registered Holder of record of such shares of Stock receivable upon exercise of this Warrant on the date for determining those entitled to receive any such distribution, provided that the Registered Holder shall have exercised this Warrant within thirty (30) days of notice from the Company of such dissolution, liquidation or winding up.
Liquidation, Dissolution, etc. Upon any payment or distribution of the assets of the Company to creditors upon any dissolution, total or partial liquidation or reorganization of or similar proceeding relating to the Company, the holders of Senior Debt will be entitled to receive payment in full before the Holder is entitled to receive any payment in respect of this Note.
Liquidation, Dissolution, etc. In the event of any insolvency or bankruptcy proceeding, and any receivership, total liquidation, reorganization or other similar proceedings in connection therewith, relative to the Company, or to its property, or in the event of any proceedings for voluntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy, then the holders of Senior Debt shall be entitled to receive payment in full of all principal (and premium, if any), interest and other amounts on or with respect to all such Senior Debt before the Holders of this Note shall be entitled to receive any payment on account of principal or interest of this Note, and to that end (but subject to the power of a court of competent jurisdiction to make other equitable provisions reflecting the rights conferred by these provisions upon such Senior Debt and the holders thereof with respect to this Note and the Holder hereof by a lawful plan or reorganization under applicable bankruptcy law) the holders of Senior Debt (until payment in full of all principal, premium, if any, interest and other amounts on or with respect to all such Senior Debt, including interest thereon accruing before or in respect of periods subsequent to the commencement of any such proceedings) shall be entitled to receive for application in payment thereof any payment or distribution of any kind or character, whether in cash or property, or by set-off or otherwise, which may be payable or deliverable in any such proceedings in respect of this Note (including any such payment or distribution which may be payable or deliverable by reason of the provisions of any indebtedness of the Company which is subordinate and junior in right to this Note), except securities issued in such proceedings which are the subordinate and junior in right of payment to the payment of Senior Debt.
Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, after payments to creditors of the Corporation that may at the time be outstanding and subject to the rights of any holders of Preferred Stock that may then be outstanding, holders of shares of Class A Common Stock and Class B Common Stock shall be entitled to receive ratably, in proportion to the number of shares held by them, all remaining assets and funds of the Corporation available for distribution; provided, however, that, for purposes of any such distribution, each share of Class B Common Stock shall be entitled to receive the same distribution as [●] shares of Class A Common Stock.
Liquidation, Dissolution, etc. The Borrower will not liquidate, ----------------------------- wind up its affairs or dissolve itself.
Liquidation, Dissolution, etc. Subject to applicable law and the rights, if any, of the holders of any outstanding series of Preferred Units, in the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Company, the holders of Class C Common Units shall share ratably in the assets and funds of the Company available for distribution to members of the Company, in the same amount per units and in the same manner as holders of Class A Common Units, and together with the Class A Common Units as a single class and on a pro rata basis. SECTION 16.05
Liquidation, Dissolution, etc. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation, after payment or provision for payment of the debts and other liabilities of the Corporation as required by law and of the preferential and other amounts, if any, to which the holders of Preferred Stock shall be entitled, the holders of all outstanding shares of Class A Common Stock shall be entitled to receive the remaining assets of the Corporation available for distribution ratably in proportion to the number of shares held by each such stockholder. The holders of shares of Class B Common Stock, as such, shall not be entitled to receive any assets of the Corporation in the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation.
Liquidation, Dissolution, etc. ShoLodge and Licensee will not wind-up, liquidate, or dissolve themselves (or suffer any thereof), consolidate or amalgamate with or merge into or with any other corporation or any other person, or purchase or otherwise acquire all or substantially all of the assets of any person (or of any division thereof) or convey, sell, transfer, lease or otherwise dispose of all or any part of their assets (including, without limitation, any stock or receivables), in one transaction or a series of transactions, to any person or persons, unless such transaction may occur without violating the provisions of Section 4.8 hereof.
